Validity of Garnishee Order - CIRP proceedings are ongoing -...
State Government Not Bound by CIRP Resolution Plan; Garnishee Order's Validity in Question Over Unpaid Taxes.
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Insolvency and BankruptcyMay 2, 2020Case LawsHC
Validity of Garnishee Order - CIRP proceedings are ongoing - failure to deposit taxes - resolution plan approved - the State Government was never involved in the corporate insolvency resolution process, and as such, the resolution plan cannot be said to be binding on it.
Validity of Garnishee Order - CIRP proceedings are ongoing - failure to deposit taxes - resolution plan approved - the State Government was never involved in the corporate insolvency resolution process, and as such, the resolution plan cannot be said to be binding on it.
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